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Transactions
May 16, 2000
DEALS: GOTO.COM GOES ON AUCTION CIRCUIT WITH DEAL FOR LINKS
Online search engine GoTo.com Inc., based in Pasadena, has acquired AuctionRover.com Inc., based in Research Triangle Park, N.C., in exchange for 3.47 million GoTo shares. The deal is valued at $175 million.
Online search engine GoTo.com Inc., based in Pasadena, has acquired AuctionRover.com Inc., based in Research Triangle Park, N.C., in exchange for 3.47 million GoTo shares. The deal is valued at $175 million.
The acquisition will allow GoTo to provide links to more than 50 other major auction sites, expanding its offerings t...